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$802,000

NAL Estimated Property Value

4502 Freedom DR, Austin, TX, 78731

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,178 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$424.7 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size2,570 sqft

Building Information

Year Built2019
Stories3
Roof Type105
Garage Spaces2

Land Information

APN01240006350000
SubdivisionGrove Master Condominiums The Amd
Land UseResidential
Legal DescriptionGROVE MASTER CONDOMINIUMS THE AMENDED UNT 210 PLUS 0.277 % INT IN COM AREA
Census Tract000101
Assessed Land Value$51,398
Assessed Improvement Value$674,914
Assessment Year2025

About this property

This popular Juniper B Series by Milestone Community Builders has a superb, smartly designed condo floor plan with no wasted space and has Google Fiber. The location of this condo within The Grove provides easy access to the beautiful Signature Park and the Paseo so that the residents can enjoy "Yappy Hour" with their family pet. Both of these spots provide a space to converse with neighbors creating a wonderful sense of community. Having 4 bedrooms (one on the first floor) and 3.5 baths (one full bath on the first floor with shower) is invaluable. This first floor bedroom can be a guest room or an at-home office depending on your needs. See Docs for list of features as well as floorplan. The Mudroom space off the garage is equipped with custom storage for backpacks, shoes, dog leash, etc. A large Living Room open to an amazing kitchen is located on the second level with a spacious island perfect for entertaining. In comparison to other Grove condo properties, this floor plan wins hands down! Enjoy Kent Moore Groveland cabinetry, SS appliances, gas Bosch 5-burner range and Sharp drawer microwave. The Primary Bedroom and two more Secondary Bedrooms are all together on the third level along with the Laundry Room, which is important to have where all of your clothing is located. Upgrades to property include: upgraded granite in kitchen, wood flooring, custom closet organization, garage cabinets in the attached 2-car garage, custom audio installed in Living Room and on balcony, Dining Room built-in banquet, and custom Mudroom built-in by Austin Joinery. See Docs for list and associated costs. Set to open in early 2023 in The Grove and within walking distance of the condo are Verdad Mexican Restaurant, Carve Steakhouse and Ling Wu Asian Restaurant. The Grove Market, Halina Spa and Love Cycle Studio are open! Keep in mind this fabulous community is zoned to highly rated and neighborhood favorite, Bryker Woods Elementary, just a short distance away.

Investor Tools

Property Icon
$802,000
Estimated Property Value
$306,607Estimated Mortgage Balance
$495,393Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,550 /month
Positive
Cash Flow Estimate:
$1,850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,582/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,969
$726,312
2025
$51,398
$674,914
$726,312
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,969
$726,312

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Conventional
$320,000
No
First
Apr 5, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,607
$495,393
61%
38%
$1,842/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,110/mo
$1,842/mo
+$268/mo
3.2%

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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4502 Freedom DR | Property Details | No Agent List